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Brown Jordan again lengthens equity and cash offer for 12¾% notes
By Jennifer Chiou
New York, Oct. 23 - Brown Jordan International, Inc. said it once more extended its offer to exchange equity and cash for its $105 million of 12¾% senior subordinated notes due 2007.
The offer will now expire at 5 p.m. ET on Oct. 24 instead of 5 p.m. ET on Oct. 20 and before that Oct. 2.
The Pompano Beach, Fla., furniture maker is also soliciting consents to amend the note indenture.
As of the old expiration deadline, holders had tendered all of the notes.
The transaction is part of a restructuring of the company.
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